PlutusDAO (PLUTUS) is a DeFi protocol on Arbitrum, aiming to centralize governance for Layer 2 projects and enhance liquidity. It offers plsAssets for governance and liquidity, and plvAssets as vault products. The PLS token's tokenomics include components like vote-locked PLS and escrowed PLS (esPLS), influencing governance, fees, and rewards. PlutusDAO's creation is attributed to a decentralized community approach, characteristic of DAOs.